Weekend Watching: The Liberty Dollar
What is it? Back in 1974, a little company called Fed Ex started competing with the government monopoly known as the Post Office, which was plagued by inflation, poor service, and surly counter help. Fed Ex became a huge success, and the competition forced the PO to shape up. In 1998, the Liberty Dollar was launched to compete with another quasi-governmental monopoly, the Federal Reserve. The Fed prints money like it is going out of style, causing inflation; its currency is backed by nothing. The Liberty Dollar is real money - backed by gold and silver - that is designed to compete with Federal Reserve Notes (FRNs).
I signed up as a Liberty Dollar Associate, and my package arrived yesterday (sadly, the Ron Paul dollars are so popular that they're on back order). There was a great DVD included (actually three DVDs), including this snip from the Learning Channel that does an excellent job explaining just what the Liberty Dollar is. More to come on how to beat the Fed by using our own money. Enjoy:
Become a Liberty Dollar Associate, too.